Alert: Major Price Decline (8/7/24)-Xencor Inc (NASDAQ: XNCR).

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On 8/7/24, Xencor Inc (NASDAQ: XNCR) stock suffered a major decline of -12.0%, closing at $15.70. Moreover, exceptionally high trading volume at 200% of normal accompanied the decline. The stock has declined -24.7% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, XNCR is expected to continue to be Value Creation neutral.

Xencor has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Xencor has a poor Appreciation Score of 22 but a neutral Power Rating of 51, resulting in the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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